While Hershey’s has always used both cane sugar and beet sugar, it will shift to using 100 percent of the former because it is non-GM. The issue is that 100 percent of the U.S. sugar beet crop is now GM.The Minneapolis Star Tribune newspaper ran an interesting story over the weekend that is of particular interest to the sugar beet industry. While Hershey’s has always used both cane sugar and beet sugar, it will shift to using 100 percent of the former because it is non-GM. The issue is that 100 percent of the U.S. sugar beet crop is now GM. Hershey’s has made the decision to remove an excuse for what is probably a very small percentage of its customer base to not buy its products. In fact, it is very unlikely that most people eating candy a...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.